Analyst - Operational Risk Management

At American Express our culture is built on a 175-year history of innovation shared and Leadership Behaviors and an unwavering commitment to back our customers communities and colleagues As part of Team Amex you ll experience this powerful backing with comprehensive support for your holistic well-being and many opportunities to learn new skills develop as a leader and grow your career Here your voice and ideas matter your work makes an impact and together you will help us define the future of American Express How will you make an impact in this role The objective of the Operational Risk Management ORM Testing Monitoring Aggregation and Reporting team is to support organizational resilience through performance of independent testing and monitoring and establish clear guidelines through standards for reporting and risk assessments and provide a holistic view of Operational Risk Management ORM through aggregated reporting Operational Risk Management is looking for an Analyst of Testing Monitoring Aggregation and Reporting to lead a diverse team of high-performing professionals focused on ensuring effective operational risk management is embedded in the day-to-day operations of our organization It will involve extensive collaboration with multiple partners across numerous business units functional areas and geographies The Analyst Operational Risk Management ORM Independent Monitoring and Testing Support an independent testing and monitoring program based on an annual risk assessed plan and testing methodology Develop a comprehensive universe of targeted coverage for operational risk that supports a risk-based annual plan Independently monitor operational risk trends and activities Support and perform an effective challenge process based on a defined criteria and build in to annual plan Manage independent 2LoD testing of ORs incl integration of methodologies and test plans to address interconnected risks Coordinate a holistic de-duplicated independent risk assessment process Proactively identify areas for high risk for intervention Support cross-functional Communities of Practice CoPs to share best practice techniques and pioneer new methodologies Drive reporting to the Enterprise Risk Management Committee Board of Directors and Senior Management on OR topics and provide support and oversight with associated Communities of Practice Be a key leader for sharing insights better practices themes etc across the enterprise Minimum Qualifications 1 Year experience in operational risk management e g within Risk and or Internal Audit function Understanding of critical operational risk management lifecycle activities Project management communication and interpersonal skills Experience in process governance with an understanding of processes that align with policies regulatory frameworks and or operational standards Sound analytical and problem-solving skills with an ability to analyze data identify trends and evaluate risk scenarios effectively BU-SPECIFIC Preferred Qualifications Bachelor s Degree in Finance Business Risk Mgmt or related field advanced degrees e g MBA MSc or certifications are advantageous Experience in at least one of the following o Translating operational risk strategy and appetite into execution guidelines o Tracking and identifying issues with Key Risk Indicator KRI limits and risk appetite to ensure operational risks are managed within agreed thresholds o Facilitating the implementation of the operational risk governance frameworks o Developing communicating and ensuring understanding and adherence to operational risk procedures and standards o Supporting the operational risk exam management processes ORMCM We back you with benefits that support your holistic well-being so you can be and deliver your best This means caring for you and your loved ones physical financial and mental health as well as providing the flexibility you need to thrive personally and professionally Competitive base salaries Bonus incentives Support for financial-well-being and retirement Comprehensive medical dental vision life insurance and disability benefits depending on location Flexible working model with hybrid onsite or virtual arrangements depending on role and business need Generous paid parental leave policies depending on your location Free access to global on-site wellness centers staffed with nurses and doctors depending on location Free and confidential counseling support through our Healthy Minds program Career development and training opportunities American Express is an equal opportunity employer and makes employment decisions without regard to race color religion sex sexual orientation gender identity national origin veteran status disability status age or any other status protected by law Offer of employment with American Express is conditioned upon the successful completion of a background verification check subject to applicable laws and regulations